Correction in the market usually has complex patterns!
I think from a price action point of view, there is a very good chance we see a bounce in the Tech sector in the next 2 weeks!
Option data analysis:(These data needs to be updated everyday)
Put/Call OI: 2.13 for the next month
Option wall: 370-400
Maximum pain: 385
Forecasts for Giant Tech companies, based on this:
AAPL:
MSFT:
GOOG:
AMZN:
TSLA:
FB:
NVDA:
AMD:
CRM:
NFLX:
ORCL:
SNOW:
TWTR:
PLTR:
You can see the most important support(green line) and resistance (red line) levels.
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
*You can see the most important support (green lines) and resistance (red lines) to watch in the coming days in these charts!(Based on Option wall data)
**Yellow line Shows Maximum Pain level.
***You can see more details and educational materials by reviewing the previous posts!
I think from a price action point of view, there is a very good chance we see a bounce in the Tech sector in the next 2 weeks!
Option data analysis:(These data needs to be updated everyday)
Put/Call OI: 2.13 for the next month
Option wall: 370-400
Maximum pain: 385
Forecasts for Giant Tech companies, based on this:
AAPL:
MSFT:
GOOG:
AMZN:
TSLA:
FB:
NVDA:
AMD:
CRM:
NFLX:
ORCL:
SNOW:
TWTR:
PLTR:
You can see the most important support(green line) and resistance (red line) levels.
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
*You can see the most important support (green lines) and resistance (red lines) to watch in the coming days in these charts!(Based on Option wall data)
**Yellow line Shows Maximum Pain level.
***You can see more details and educational materials by reviewing the previous posts!